Isanti, MN– January 22, 2025 – Wolf River Electric, one of the leading solar power companies in Minnesota, is thrilled to announce the highly anticipated launch of Xcel Energy’s 2025 Solar*Rewards Program, beginning January 8, 2025, at 8:00 AM CST. This program offers incredible opportunities for homeowners, businesses, and organizations to save on solar panel programs and adopt clean energy solutions. With a robust incentive budget of $5.7 million, it’s a game-changer for those looking to lower their solar cost and transition to renewable energy.

In addition to the Solar*Rewards Program, Wolf River Electric encourages customers to explore Minnesota’s Energy Storage Incentives. These rebates promote energy independence and reliability, making it easier than ever to pair solar systems with on-site energy storage solutions. For details, visit the Minnesota Department of Commerce’s Energy Storage Systems page.

Key Highlights of the 2025 Solar*Rewards Program

Overall Incentive Budget:
$5,700,000 (excluding roll-over funds from the 2024 program, which will be finalized soon).

2025 Incentives:

  • Residential Systems:
    • Up-front: N/A
    • Production-Based Incentive (PBI): $0.03/kWh
  • Income-Qualified (IQ) Residential:
    • Up-front: $3.00/W
    • PBI: $0.03/kWh
  • IQ Non-Profit and Government Entity:
    • Up-front: $1.00/W
    • PBI: $0.02/kWh
  • IQ For-Profit Entities:
    • Up-front: $0.50/W
    • PBI: $0.02/kWh

Energy Storage Incentives: The Perfect Match for Solar Power Projects

To complement the Solar*Rewards Program, Minnesota’s Energy Storage Incentives make integrating on-site energy storage systems simple and effective. These incentives maximize the savings from solar power projects and enhance reliability. Whether one is considering solar panels or simply planning to add storage to an existing solar panel system, using a Wolf River solar roof calculator to estimate savings could be a good approach to learn about solar options.

Why Choose Wolf River Electric?

As a trusted solar power company, Wolf River Electric is dedicated to helping customers navigate and optimize solar panels programs like Solar*Rewards and Energy Storage Incentives. They also provide expertise on solar cost and finding the best solutions for homeowner and business needs.

The Wolf River Electric team specializes in designing systems with trusted technologies like Tesla, Enphase, REC, or Maxeon solar panels, offering personalized support to homeowners, businesses, and organizations across the Midwest. Customers searching for a solar panel company in Minnesota will find the expertise they need with Wolf River Electric.

Learn More Today

For more information on Xcel Energy’s Solar*Rewards Program, contact:

Alternatively, Wolf River Electric offers expert advice on all renewable energy needs, including access to Minnesota’s solar panel programs and energy solar solutions. Homeowners and businesses may contact us today to secure Solar*Rewards and Energy Storage Incentives and to start planning their next solar power project.

About Wolf River Electric

Wolf River Electric is a leader among solar power companies, providing solar energy solutions in the Midwest. Specializing in Tesla and Enphase systems, including solar panels and storage options, the company empowers communities to embrace affordable and sustainable energy. Whether one is calculating savings with a solar roof calculator or exploring advanced technologies like solar panels or shingles, Wolf River Electric is the trusted partner for renewable energy.